1997 Ferrari F355 GTS 6-Speed

Among the most desirable Italian sports cars of its era, this 1997 Ferrari F355 GTS comes finished in Nero over tan leather, featuring a removable Targa top along with a coveted 6-speed gated manual transmission. The car was sold new in Michigan and spent life in Texas before eventually being acquired by a doctor in Northern California.  The car would remain under her care for the next 17 years while driven very sparingly and treated to major documented service.  Having recently received another full service in preparation for sale, this stunning F355 currently resides with its seller in Florida where it is now being offered for auction showing just over 22k miles on the odometer.

This F355 comes finished in Nero (nonmetallic black) with a matching removable Targa top, painted brake calipers, and silver 18” 5-spoke wheels dressed in brand-new Continental tires.  The wind-tunnel-developed bodywork of the F355 was styled by Pininfarina and features distinctive rear buttresses, a louvered engine cover, pop-up headlights, large side air intakes, and quad exhaust outlets.  The finish is described to have been kept in excellent overall condition, detailed images are provided in the gallery along with a clean CARFAX report.

The classic tan leather interior is contrasted by a black upper dashboard, leather steering wheel, and carpet floor mats.  The center console features climate and lighting controls, a crossed flag emblem, and a gated manual shifter with a polished metal ball and lever.  An aftermarket Alpine head unit is equipped, and the common sticky button issue has been addressed with replacement parts.

This F355 comes equipped with a mid-mounted 3.5L V8 DOHC engine that produces up to 375 HP, driving the rear wheels through a 6-speed manual transmission.  A collection of records accompanies the sale including an invoice totaling over $25k for major engine-out service in 2015 within the last 1k miles.  The seller notes another full service has been recently completed in preparation for the next owner including a compression test, fluid changes, and timing belt replacement.

This sale will include owner’s manuals, factory car covers, service records, and a clean title.

Auction Results

  • Sold for: $260,000
  • Auction End: 2022-05-20 20:10:00+00:00
  • Number of Bids: 10
viewed 11,411 times saved 139 times

Comments (54)

  • cbb42 3 monthsago

    Sold for $260,000

  • bobcar (registered bidder) 3 monthsago

    @cultcars sorted manual GTS’s in desirable colors were never <100k, 993 turbos went from 100->200k+ and these sort of moved in line. If you want a yellow f1 spider you can still buy one for below 100k tho.

  • purespeed_99 (registered bidder) 3 monthsago

    I have no idea what people are talking about here in spending 50 70 k in repairs.
    Guys if you want a Ferrari you will have to spend no matter what.
    I have had 5 Ferraris and my 355 had no issues whatsoever when I maintained it well. Yes it takes some money but it’s a exaggerated issue for sure. This is most analog gated Ferrari and someone who appreciates it will get it. Rest of us can sit and ponder and this and that.

  • MiamiGT4 (registered bidder) 3 monthsago

    @cultcars Because they cost so much to run! Owners have $250K just in repairs, have to recoup the cost somehow. Seriously though, the F355 is one of my all time favorite Ferraris, probably the last of the truly pretty “Dino” V8s. I’ve owned 2 Ferraris that were known for reliability, it takes a much braver person to own and run a 355, glad folks are keeping these gems going. I’m happy with my Cayman GT4 and 981 Cayman S track car or else I would’ve bought a 355 years ago.

  • cultcars (registered bidder) 3 monthsago

    Geez, it feels like blinked and the F355 went from affordable exotic to stratospheric collectible. I remember not that long ago seeing them on EBay for $50-75K for a decent example. WTF, can someone please explain the insane run-up in prices?

  • United1963 (registered bidder) 3 monthsago

    @allthingsporsches I’m a 5 time Ferrari owner and just from the photos the car is extremely clean. Even the seat bolsters on the driver side seat look to be in good condition which is one of the first things I look at on older models. GLWS. Very pretty car.

  • allthingsporsches (seller) 3 monthsago

    @Kenqv keep dreaming bud

  • allthingsporsches (seller) 3 monthsago

    @Kenqv maybe if there’s 20 of them on the market , not when you can’t buy one no matter how much money you have !

  • Kenqv (registered bidder) 3 monthsago

    Beautiful car.. $150 come next years recession though.

  • Jimbo1907 3 monthsago

    @mickpucc @mickpucc, no question. And the 355s have always been desirable cars- they were quite an improvement on the 348, which has sort of been the read-headed stepchild of the 90s V8 Ferraris. However, the recent runup in 355 prices (the BaT benchmark, this car) has really been remarkable, when you consider that this car would have been FAR less just a year or so ago. I totally get the market preference for the manual shift- what some call the gated cars (Driver Source had an event for only manual cars recently) but I don't quite understand the huge runup in values. I'm glad for this seller, he's here at the right time, but like a lot of us, I wonder how long this will all go on.
    I think my ultimate Ferrari would be a 308GTB with this engine or the 360 somehow crammed in there. Or a 365 Boxer. Not that I can afford either...

    I hope this car cracks $300K- it's a great example and I have yet to see a Ferrari that didn't look good in black.

  • mickpucc (registered bidder) 3 monthsago

    @Handsofstone I think most Ferraristi know full well that the F1 trans technology from the 90s was rather cumbersome. The F1 trans tech today is on about the 15th generation of refinement at Ferrari. The market prices clearly demonstrate that recognition. If I owned an F1 Trans Ferrari in today's market, I would unload it fast while this bubble still exists, for whatever the market would pay.

  • Handsofstone (registered bidder) 3 monthsago

    I have had 2 F1 F355's and currently have one and love it. All F355's from 1995 thru 1997 were gated 6 speeds, so the only F1's were 1998 and 1999. They are much rarer and I love them myself, but get that the gated 6 speed is cool. Once you get the hang of the F1 it is really fun, I guess I should keep this secret to myself!!!!!

  • bobcar (registered bidder) 3 monthsago

    @bakkenmotors I think it’s a false narrative re rarity, 3700 993 c2s produced but they’re easily buyable (relatively). ~500 f355 gts f1 produced but they’re easily buyable. How many manual f355 gts can be bought outside of the high $ items here and BAT. Production numbers don’t tell close to whole story, if you’re in the market for this car you know.

  • cbb42 3 monthsago

    Bid in the amount of $260,000

  • Jimbo1907 3 monthsago

    Rather ironic that the F1 car is rarer AND worth less. I think in general early F1 type transmissions were a handful in city and traffic driving (better now, from what I gather) I'm sure they are faster in hard driving, but even track-capable cars like a 355 spend virtually all their lives on the street. Were I shopping for a 355, no question I would want the gated manual.

  • allthingsporsches (seller) 3 monthsago

    @bakkenmotors and none for sale , crazy

  • bakkenmotors (registered bidder) 3 monthsago

    @allthingsporsches I peeked:: 2577 GTS Manual vs 529 GTS F1.

  • bakkenmotors (registered bidder) 3 monthsago

    @allthingsporsches au contraire on the rarity, it is the F1 that is limited in numbers per those that keep track. and a matter of preference I suppose as a driver AND in a city, I would prefer the F1 - only visceral difference being sans the 3rd pedal and throw. Arguments will ensue...

  • allthingsporsches (seller) 3 monthsago

    @bakkenmotors I would say it’s closer to a 50 percent deduct , in these particular cars cuase of how rare they are in gated manual

  • bakkenmotors (registered bidder) 3 monthsago

    @Jimbo1907 Hagerty gives it a 20% deduct. apples/oranges in mind with mileage, patina, provenance etc but these are generally drivers.

  • Jimbo1907 3 monthsago

    I'm curious as to what people think: how much less would an F1 transmission car identical to this one be worth. I have the impression they sell for significantly less.

  • allthingsporsches (seller) 3 monthsago

    The major service records that was done in 2015 about 700 miles ago was posted to the gallery

  • allthingsporsches (seller) 3 monthsago

    Additional content has been added to the gallery for this listing.

  • R129guy 3 monthsago

    Bid in the amount of $255,355

  • allthingsporsches (seller) 3 monthsago

    Major service that we did earlier this month records of that were just uploaded , more to come

  • allthingsporsches (seller) 3 monthsago

    Additional content has been added to the gallery for this listing.

  • cbb42 3 monthsago

    Bid in the amount of $250,000

  • allthingsporsches (seller) 3 monthsago

    @johnnytt most of the sticky’s were replaced , the only thing that was refinished was the airbag cover , last major that was done was done by a Ferrari store in California about 28.000 dollars worth , and we just did the belt service and replaced the tires , we will post all the records tommorow

  • johnnytt (registered bidder) 3 monthsago

    @allrhingaporsche

    How were the stickys done? All replacement, refinish, or a cleaning?

    Was the dash and or airbag cover redone? Leather looks likes it been adjusted, and vents aren't located in stock location.

    Who did the last two majors?
    Can you post service records.

  • Jimbo1907 3 monthsago

    @allthingsporsches , clearly the market is very strong for these cars. My recollection is that this model was the first Ferrari that was reliable and could be a daily driver if you wanted to. And more performance than most of us can deal with, including myself. GLWA, but this car will make its own good luck.

  • ncicio 3 monthsago

    Bid in the amount of $150,355

  • dealmaker599 3 monthsago

    Bid in the amount of $140,355

  • ncicio 3 monthsago

    Bid in the amount of $135,355

  • allthingsporsches (seller) 3 months, 1 weekago

    @allthingsporsches But the last GTS that was sold had a little less miles of about 18k , and sold for 300 plus fee , @jimbo1907 was correct

  • allthingsporsches (seller) 3 months, 1 weekago

    Sorry October last year , still a lot has changed

  • allthingsporsches (seller) 3 months, 1 weekago

    @smorty believe that was over a year ago , a lot has changed , not only in the car market

  • smorty (registered bidder) 3 months, 1 weekago

    Bat sold 2 gts manuals not long ago for 165k and 235K with less miles both red ??

  • askyosi (registered bidder) 3 months, 1 weekago

    @allthingsporsches thank you so much for letting me .. sick car looking forward bid

  • allthingsporsches (seller) 3 months, 1 weekago

    @askyosi yes the car just had the belt service we will be posting that record , and had a major as well , brand new tires , sticky’s , the car is all up to date

  • dealmaker599 3 months, 1 weekago

    Bid in the amount of $125,355

  • askyosi (registered bidder) 3 months, 1 weekago

    @ncicio thank u yes I read it.. it only says service not belt service.. I have had a few and got for friends just want to know.. love the spec

  • ncicio (registered bidder) 3 months, 1 weekago

    @askyosi it says it in the add, it was just done in preparation for sale.

  • askyosi (registered bidder) 3 months, 1 weekago

    Amazing car..
    Would love to know when last belt service was and any photos
    Key alarms and tools

  • merlinautogroup 3 months, 1 weekago

    Bid in the amount of $100,000

  • Lendou 3 months, 1 weekago

    Bid in the amount of $80,000

  • allthingsporsches (seller) 3 months, 1 weekago

    Thank you guys for the early comments and bids , just wanted to speak about the car a little bit , we will be posting paint meter readings video , a cold start video , the car comes with all the service records that we will be posting , we just serviced the car ourselves , put 4 brand new continental tires on it , did a fresh belt service , the. Car had a full major service done in 2015 about 700 miles ago for about 28.000 dollars will be posting that service as well , car now doesn’t need anything at all , runs and drives amazing, paint shows great as well , we will be posting undercarriage photos as well , hope this answers some of the questions , bid with confidence on this one !!! This is the only GTS for sale right now in the country !!! Good luck to everyone and thank you for looking

  • Jimbo1907 3 months, 1 weekago

    I believe a similar 355 just sold at $300K on BaT within the last few weeks. The soft tops were troublesome on these cars when they were new- I agree this model would be the one to have. Very interested to see how it does, here, as this appears to be a very fine example as well.

  • jbauto (registered bidder) 3 months, 1 weekago

    Great Spec. Open top without the soft top trouble on the Spyders. These cars do not twist and shake like the 308/328 GTS. This car has everything going for it. GL

  • noahkl 3 months, 1 weekago

    Bid in the amount of $69,000

  • FXRcR1 (registered bidder) 3 months, 1 weekago

    Well this is frustrating, now we all have to plan for the internet to be broken next Friday afternoon when this thing hammers.

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1997 Ferrari F355 GTS 6-Speed
Final bid: $260,000 This auction has ended.
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